Search Results for: ECB
ECB announces monetary policy decisions
June 5th, 2014
The Governing Council of the European Central Bank (ECB), after its monetary policy meeting that took place today, has taken the following decisions: The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis ...
Europe Stocks Rise With Italy Bonds After ECB; Euro Drops
June 5th, 2014
European stocks extended gains, Italian bonds advanced and corporate credit risk slid to a six-year low after the European Central Bank cut all three interest rates. The euro weakened, treasuries rose and commodities fell. The Stoxx Europe 600 Index ...
Little Change for U.S. Stock-Index Futures Before ECB
June 5th, 2014
U.S. stock-index futures remained relatively unchanged, after equities climbed to a record, while investors awaited the European Central Bank’s decision on stimulus today and the monthly jobs report tomorrow. Sprint Corp. advanced 4.2 percent in German trading after people ...
Yen Rebounds as Most Asia Stocks Drop With Oil Before ECB
June 5th, 2014
Japan’s yen rebounded from a one-month low while Euro Stoxx 50 Index futures were little changed before a European Central Bank monetary-policy announcement. Most Asian stocks retreated with oil, and platinum dropped amid talks to end a South African ...
Eurozone inflation rate fall adds to pressure on ECB
June 4th, 2014
Eurozone inflation fell to 0.5% in May, down from 0.7% in April and well below the European Central Bank’s 2% target. The fall means the ECB will be expected to take steps to boost growth and counter the threat ...
Euro Inflation Slowing More Than Forecast Pressures ECB
June 3rd, 2014
Euro-area inflation slowed more than economists forecast in May, cranking up pressure on the European Central Bank to deploy measures as soon as this week to kindle prices and drive growth. The rate fell to 0.5 percent from 0.7 ...
ECB to lead revamp of global FX codes of conduct
June 3rd, 2014
The European Central Bank has been given the lead role in work to strengthen codes of conduct for currency markets, expected to be one of the main areas highlighted in a report from global regulators due within weeks. Banking ...
Biggest banks to pay up to EUR 15m for ECB supervision
May 27th, 2014
The eurozone’s biggest banks will face an annual bill of up to 15 million euros ($20 million) apiece for being supervised by the European Central Bank, the ECB said on Tuesday. The ECB said in a statement that the ...
Cyprus Savers Sue ECB, Commission Amid Losses in Rescue Plan
May 27th, 2014
Cyprus bank depositors sued the European Central Bank and the European Commission for putting them in the firing line as part of last year’s rescue package for the crisis-hit Mediterranean nation. The savers filed four lawsuits demanding compensation after ...
Interview with Member of the Executive Board of the ECB, Peter Praet
May 15th, 2014
Mr Praet, business activity is picking up in Europe. Hasn’t it become time to prepare increases in interest rates – rather than to ease monetary policy further, as the European Central Bank (ECB) indicated rather clearly last week? That ...
